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Why Is JCPenney Closing More Stores? JCPenney filed for bankruptcy back in 2020. Since then, about 240 of its stores have closed. Right now, there’s about 650 locations left in the U.S.
Big Lots announced it was closing more than 300 stores across the U.S. The news came after the company announced a 10 percent sales drop, equating to about $205 million.
JCPenney will close eight locations this year, a company spokesperson said, adding to the list of more than 200 closures since the company filed for bankruptcy five years ago.. JCPenney announced ...
Kohl's said said employees at the affected stores will either be offered severance pay or the opportunity to seek work at another location. The publicly listed retailer operates more than 1,150 ...
Kohl's Is Downsizing. Kohl's is set to close 27 underperforming stores across 15 states by April 2025, the chain announced in a recent press release. The closures represent about 3% of the ...
As announced last year, Macy's department stores across the United States have been closing as part of a wider plan to shut down 150 locations through 2026. Last year, Macy's shuttered 50 ...
Kohl’s is slated to close more than two dozen store locations across the United States. On Jan. 9, the retailer announced a series of “real estate changes” for the new year, including the ...
Macy’s is closing more than five dozen store locations across the United States as part of the company's ongoing reorganization strategy.. The retailer confirmed Jan. 9 that it was shuttering 66 ...